Statements of Cash Flows (Tables)

3 Months Ended

Mar. 31, 2025

Supplemental Cash Flow Information [Abstract]

Schedule of Cash Flow, Supplemental Disclosures

Supplemental cash flow information was as follows:


	Quarter ended March 31,
($ in thousands)	2025		2024
Cash paid (received) during the period for:
Interest	$	8,591	8,544
Federal income tax	(4,731)		—

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	2,474		1,777
Operating cash flows from financing leases	74		22
Financing cash flows from finance leases	701		731

Non-cash items:

Corporate actions related to fixed income securities, available-for-sale ("AFS")1	18,802		2,298


Conversion of AFS fixed income securities to equity securities	736		—
Assets acquired under finance lease arrangements	—		3
Assets acquired under operating lease arrangements	572		674
Non-cash purchase of property and equipment	101		8

1Examples of corporate actions include like-kind exchanges, non-cash acquisitions, and stock splits.

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash and restricted cash reported within the Consolidated Balance Sheets to the amount reported in the Consolidated Statements of Cash Flows:


($ in thousands)	March 31, 2025		December 31, 2024
Cash	$	124	91
Restricted cash	108,170		62,933
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	$	108,294	63,024

Schedule of Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash and restricted cash reported within the Consolidated Balance Sheets to the amount reported in the Consolidated Statements of Cash Flows:


($ in thousands)	March 31, 2025		December 31, 2024
Cash	$	124	91
Restricted cash	108,170		62,933
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	$	108,294	63,024